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There is a certain rule under GST that deals with the valuation of supply when consideration is not paid wholly in money. In this article, we will talk about the valuation rule dealing with the same. Cases where Consideration is Partially Paid in Money There are instances where the businesses came up with an innovative … Read moreValue of Supply Under GST When Consideration Is Not Paid Wholly In Money
Under GST any supply made or received by an agent to the principal or vice-versa is taxable. In this article, we will discuss how to determine the value of the supply of goods made or received via an agent What do yo understad by Principal and Agent relationship? Before getting into the depth of the … Read moreValuation of Supply: Made or Received between Principal and Agent
Every fiscal statue makes rules and regulations regarding the determination of tax value, similarly, under GST, Section 15 of the CGST Act talks about the valuation of supply of goods or/and services supplied in different circumstances and to a different person. In this article, we will discuss the different valuation rules under GST. What do … Read moreValuation Rules Under GST
